After a lot of accumulation and momentum, there is a correction of ABC. Now we are completing wave B, the correction target is C in the area of 70-80$
According to the butterfly pattern, we have come to a very good level. The goal of the movement is to update local maxima.
The correction has ended. The butterfly and fibo clearly bounced. It looks very likely that it will go up. I set a goal of $40
According to the butterfly, the goal of the movement is $ 28-30 by the deadline before the Chinese New Year
The cycle from 2016 of 5 waves has ended and we are going to the ABC correction. Now there is a correction of C, it should end at ~50-55$
Psychology of the market cycle And what do you think we're going to do now???
According to the Butterfly pattern, the decline at the target of $ 22 perfectly converges. This should happen within a year, there will be a great point for going to long.
According to the Butterfly pattern, Fibo and the global ascending channel, the decline at the target of 320 ideally converges. We also go down where the lower trend line will be. All 4 parameters should be added together. We should reach it by April 2024, there will be a great point for a hike to long.
According to fibo, according to the non-convergent channel, according to the butterfly, everything converges at around 26500 points for dates in the area of May-June 2024. I'll be watching.
If we impose the Wyckoff method on the graph of the beginning from its beginning ~1988, then the company will go bankrupt in the coming years.
According to the Butterfly pattern, according to Fibo, the decline at the target 117$ perfectly converges. We also go down the channel where the lower border of the channel will be. All 3 parameters should be added together. We should reach it by June 2024, there will be a great point for going to long.
According to the Butterfly pattern, the Fibo perfectly converges the decline to the target of $ 115. We also go down the channel where the lower border of the channel will be. All 3 parameters should be added together. We should reach it in early 2024, there will be a great point for a hike to long. The same picture is for Viza.
It looks very much like we're going down. There is a strong level at the bottom and it adds up with fibo
According to the pattern of three fibo movements, a decrease to the value of $ 20,000 is indicated. The timing is the beginning of October, so I expect a decline in the entire US and China market by October.
The cycle since 2012 of 5 waves has ended and we are going to the ABC correction. Volba B is ending now, the correction of C should end at ~$60.
There is a correction after the global start of the trend since 2012. After 5 waves that add up well on fibo, there is an ABC correction, it is also very similar to the head and shoulders. Now wave B is being initiated, the end of the correction should be around $ 20, but a hike of $ 15 is also possible.
TVC:DXY I compared USDEUR with the Wyckoff method and got this picture.
Compared the DXY movement with the Wyckoff method movement. It turned out an interesting picture. Something interesting is planned.